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HCLTech's September quarter revenue grew better than anticipated, marking a return to sequential growth. Profit growth met expectations. The company is focusing on AI services and intellectual property. New deal wins showed strong momentum, particularly in smaller contracts. Headcount increased, and attrition softened. Salary increments in October may impact future margins.
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News and Media
Investors anticipate a robust debut for LG Electronics India's IPO, which saw overwhelming subscription. Analysts point to attractive valuations, a debt-free status, and strong returns as key drivers. Despite a slight dip in grey market premium due to broader market sentiment, the company's competitive pricing and solid business outlook suggest significant listing gains, potentially around 30-35%.
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News and Media
Eyewear retailer Lenskart is preparing to launch its 8,000-crore IPO in early November, aiming to capitalize on strong investor interest in large public offerings. The issue will include a fresh issue of 2,150 crore and an offer for sale by existing shareholders.
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News and Media
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